Veterinary practices have benefited in recent years as more pet owners and agricultural producers seek out vets regularly to care for their animals. At the same time, medical advances have been emerging in veterinary care, extending care beyond preventive measures into specialized areas like immunotherapy and musculoskeletal conditions. Pet owners' evolving attitudes have also been driving pet spending in recent years, as more owners are willing to spend a premium on food, medicine or treatments that improve or extend their pets. Growing adoption of pet insurance, specifically for dogs, has also underpinned growth, as more owners can afford high-margin medical treatments. This willingness, combined with a record-high pet ownership rate, has strengthened the industry's in supporting pet owners. These trends have led industry-wide revenue to climb at a CAGR of 1.9% over the past five years – totaling an estimated $69.4 billion in 2025 – when revenue will rise an expected 2.4%. Pet ownership trends are among the most influential drivers for veterinary care in the US. According to the American Medical Veterinary Association, nearly 70% of US households had at least one dog or cat in 2024. Between 2016 and 2024, the dog population grew by over 12 million, while the cat population added nearly 16 million new cats. Higher pet ownership translates into a larger client base for vets, supporting revenue growth. Higher prices for vet visits have also contributed to the industry – data from the Bureau of Labor Statistics shows that the price for vet care rose faster than inflation between 2020 and 2024 and has jumped nearly 60% in cost between 2014 and 2024. Several factors contribute to price hikes, but higher costs are beginning to slow growth as pet owners defer the time between appointments, avoid elective visits or forgo ownership. Trends in pet ownership won't continue moving forward, creating a steady demand for comprehensive veterinary care. Still, the industry will face challenges addressing current headwinds, like labor shortages and rising operating costs. These challenges will likely maintain consolidation activity in the industry, creating a larger divide between corporate-owned or private equity-backed clinics and small, independent ones. Larger veterinary groups will also be able to offer more competitive wages to new graduates and access innovative tech advances, shifting competitive dynamics in the industry. In all, Veterinary Services' revenue is expected to expand at a CAGR of 1.7% to $75.6 billion over the next five years.

The Veterinary Services Market Report is Segmented by Service (Surgery, Diagnostic Imaging & Laboratory, and More), Animal Type (Companion Animals and Production/Farm Animals), Provider Ownership Structure (Independent Practices, and More), Delivery Mode (Mobile / On-Farm, and More), Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

The size of the Veterinary Industry market was valued at USD 122.72 Million in 2023 and is projected to reach USD 171.53 Million by 2032, with an expected CAGR of 4.90% during the forecast period. Recent developments include: May 2022: The Chief Minister of Andhra Pradesh, Sri YS Jagan Mohan Reddy, officially launched 175 Mobile Ambulatory Veterinary Clinics (MAVCs) with an investment of Rs 278 crore. The state government planned to establish 340 Dr. YSR Sanchaara Pasu Aarogya Seva, or Mobile Ambulatory Veterinary Clinics (MAVC), in the state to improve the service delivery system and ensure that the veterinary services provided by the animal husbandry department are more easily accessible to the public., March 2022: Hacarus Inc. launched its ECG platform along with DS Pharma Animal Health. The device measures and analyzes the heart condition of dogs to aid in the early detection of cardiac disease, the second leading cause of death for canines.. Key drivers for this market are: Increasing Prevalence of Various Diseases in Animals, Rising Adoption of Animals; Growing Expenditure on Animals/Pets. Potential restraints include: Shortage of Skilled Personnel, Increasing Cost of Veterinary Services. Notable trends are: The Companion Animal Segment is Expected to Dominate the Market.

The global veterinary services market is booming, projected to reach $140 billion by 2033. Discover key market trends, growth drivers, leading companies, and regional insights in this comprehensive market analysis. Learn about increasing pet ownership, advanced technologies, and the rising demand for specialized veterinary care.

The Veterinary Services industry has performed well over the past few years. A surge in pet ownership in response to the COVID-19 pandemic, growing awareness of animal health and the increasing availability of advanced surgical and diagnostic procedures for animals have benefited veterinarians. Pet owners are becoming increasingly willing to spend more on pets and vet procedures to prolong their lives. This trend is also partly in response to a rising number of high-income earners across the economy. Revenue surged over the two years through 2021-22, as more households purchased companion animals in response to COVID-19 lockdowns. In recent years, this strong demand growth for veterinary services has slowed as cost-of-living pressures and slumps in discretionary incomes have prompted pet owners to delay some services. Many veterinarians are providing more complex services to pet owners, increasing their revenue per visit. Yet, veterinarian practices have grappled with staffing shortages, meaning that, in many cases, demand is outstripping supply, hampering revenue growth. Overall, revenue for veterinary services providers is expected to have climbed at an annualised 4.0% over the five years through 2024-25, to $5.7 billion. This trend includes an anticipated rise of 1.0% in 2024-25 as pet numbers grow and more households require veterinary procedures for their pets. With solid revenue growth and strong demand, profitability is also climbing. Developments in the veterinary sector, including new medical treatments for pets, benefit vets. Deregulation is also fuelling brand name expansions, which VetPartners’ and Apiam's rapid growth, along with heightening industry concentration, are demonstrating. As industry ownership was previously limited to veterinarians, deregulation is allowing participants to raise equity from a broader market to fund expansion activities. Strengthening discretionary incomes and higher veterinary practitioner numbers are set to fuel a positive performance in the coming years. Vets will promote a greater range of value-added services and hike prices to bolster revenue growth. Veterinary services’ revenue is forecast to expand at an annualised 2.8% over the five years through 2029-30, to reach $6.6 billion.

The Veterinary Services Market is estimated to be valued at USD 139.9 billion in 2025 and is projected to reach USD 313.3 billion by 2035, registering a compound annual growth rate (CAGR) of 8.4% over the forecast period.

Metric	Value
Veterinary Services Market Estimated Value in (2025 E)	USD 139.9 billion
Veterinary Services Market Forecast Value in (2035 F)	USD 313.3 billion
Forecast CAGR (2025 to 2035)	8.4%

The North America Veterinary Healthcare Market Report is Segmented by Product (Therapeutics and Diagnostics), Animal Type (Dogs & Cats, Horses, and More), Route of Administration (Oral, Parenteral, and More), End User (Veterinary Hospitals & Clinics, Reference Laboratories, and More), and Geography (United States, Canada, Mexico). The Market Forecasts are Provided in Terms of Value (USD).

The global veterinary services market is booming, reaching $88.22 billion in 2025 and projected to grow at a CAGR of 5.59% until 2033. Driven by rising pet ownership, advanced treatments, and increased pet healthcare spending, this market offers lucrative opportunities. Learn more about key trends, regional analysis, and leading companies. Recent developments include: May 2024: The Vets, a mobile veterinary service, expanded its operations to the Fort Worth and San Antonio metro areas of Texas, in addition to its existing presence in Austin, Dallas, and Houston. The Vets offers a range of services, including wellness check-ups, vaccinations, and consultations for sick pets. With recent expansions into Fort Worth and San Antonio, The Vets now caters to 20 markets nationwide., May 2024: The Veterinary Innovation Council (VIC) unveiled new resources aimed at tackling the widespread issue of limited access to veterinary care. These resources also include comprehensive services designed to assist veterinarians in reaching underserved patients.. Key drivers for this market are: Rising Chronic Diseases and Awareness Regarding Veterinary Care, Increasing Initiatives by Governments and Animal Welfare Associations in Different Countries. Potential restraints include: Rising Chronic Diseases and Awareness Regarding Veterinary Care, Increasing Initiatives by Governments and Animal Welfare Associations in Different Countries. Notable trends are: The Companion Animals Segment is Expected to Hold a Significant Market Share During the Forecast Period.

This statistic shows the projected global veterinary diagnostics market in 2024 and 2029. In 2024, the market is estimated to be worth some *** billion U.S. dollars. It is expected to increase to more than ** billion dollars by 2029.

The veterinary hospitals revenue size is estimated to be worth USD 84.1 billion in 2024 and anticipated to reach a value of USD 150.7 billion by 2034. Sales are projected to rise at a CAGR of 6% over the forecast period between 2024 and 2034.

Attributes	Key Insights
Historical Size, 2023	USD 79.6 billion
Estimated Size, 2024	USD 84.1 billion
Projected Size, 2034	USD 150.7 billion
Value-based CAGR (2024 to 2034)	6%

Semi Annual Sector Update

Particular	Value CAGR
H1	6.8% (2023 to 2033)
H2	6.2% (2023 to 2033)
H1	6% (2024 to 2034)
H2	5.5% (2024 to 2034)

Country-wise Insights

Countries	Value CAGR (2024 to 2034)
India	9.2%
China	8.1%
Spain	4.7%
Canada	4.4%
The United States	2.5%

Category-wise Insights

Services	General Veterinary Services
Value Share (2023)	25.5%

Animal Type	Companion Animals
Value Share (2023)	68.7%

The Report Covers Global Veterinary Scales Market Trends and It is Segmented by Product Type (Platform/Walk On Scales, Bench/Table Top Scales, Portable /Compact Animal Scales and More), by Animal Type (Companion Animals, Large Animals and More), by End User (Veterinary Clinics, Veterinary Hospitals and More). And Geography (North America, Europe and More). The Market Forecasts are Provided in Terms of Value (USD).

The global veterinary market, valued at $122.72 billion in 2025, is projected to experience robust growth, driven by several key factors. Increasing pet ownership worldwide, coupled with rising pet humanization, fuels demand for higher quality veterinary services. This includes a significant shift towards preventative care, sophisticated diagnostic technologies, and specialized surgical procedures. The aging pet population also contributes to increased demand for geriatric veterinary care and chronic disease management. Technological advancements, such as telehealth platforms and advanced imaging techniques, are further enhancing the quality and accessibility of veterinary services, expanding market reach and driving growth. The market is segmented by service type (surgery, diagnostic tests and imaging, physical health monitoring, and other services) and animal type (companion animals and farm animals), with companion animals currently dominating the market share. Competitive landscape is characterized by a mix of large multinational corporations and smaller, specialized veterinary practices, resulting in ongoing innovation and consolidation. Growth is expected to continue at a compound annual growth rate (CAGR) of 4.90% from 2025 to 2033, leading to substantial market expansion. However, factors such as economic downturns, regional variations in veterinary care access and affordability, and regulatory hurdles in certain markets could potentially restrain growth. Geographic distribution of the market shows strong performance in North America and Europe, driven by higher per capita pet ownership and greater spending on animal healthcare. Asia Pacific is also witnessing significant growth due to rising disposable incomes and increasing pet ownership in developing economies. This presents considerable opportunities for established players to expand their presence and for new entrants to capture market share. Strategic partnerships, mergers, and acquisitions are likely to further shape the industry landscape over the coming years. Recent developments include: May 2022: The Chief Minister of Andhra Pradesh, Sri YS Jagan Mohan Reddy, officially launched 175 Mobile Ambulatory Veterinary Clinics (MAVCs) with an investment of Rs 278 crore. The state government planned to establish 340 Dr. YSR Sanchaara Pasu Aarogya Seva, or Mobile Ambulatory Veterinary Clinics (MAVC), in the state to improve the service delivery system and ensure that the veterinary services provided by the animal husbandry department are more easily accessible to the public., March 2022: Hacarus Inc. launched its ECG platform along with DS Pharma Animal Health. The device measures and analyzes the heart condition of dogs to aid in the early detection of cardiac disease, the second leading cause of death for canines.. Key drivers for this market are: Increasing Prevalence of Various Diseases in Animals, Rising Adoption of Animals; Growing Expenditure on Animals/Pets. Potential restraints include: Increasing Prevalence of Various Diseases in Animals, Rising Adoption of Animals; Growing Expenditure on Animals/Pets. Notable trends are: The Companion Animal Segment is Expected to Dominate the Market.

Europe’s Veterinary Services industry’s revenue is anticipated to expand at a compound annual rate of 1.3% to €34.9 billion over the five years through 2025. Revenue expansion has been driven by a surge in pet ownership since the COVID-19 outbreak, growing awareness of animal health and the growing availability of advanced surgical and diagnostic procedures for animals. As individuals spent prolonged periods at home during lockdowns, many were driven to purchase pets. In turn, demand for veterinary services for insurance and health checks climbed. The industry has undergone sizeable consolidation activity over the past decade, driven by private equity-backed veterinary companies achieving significant expansion into emerging sectors and regions by acquiring small practices. High agricultural income, rising pet ownership and improving consumer sentiment have strongly contributed to steady revenue growth since 2020. The expansion in prices and pet products has led to vet service providers lifting their prices, contributing to revenue growth of an estimated 2.3% in 2025. Revenue is expected to grow at a compound annual rate of 5.9% over the five years through 2030 to €46.5 billion. Pet owners typically view spending on their pet's veterinary care as essential, so spending is generally resilient to fluctuations in income. As pet ownership rates continue to climb, along with rising rates of obesity and related health issues for pets, demand for Veterinary Services will follow suit. Technological progress in human healthcare will trickle down and enhance veterinary services, fostering further growth. Wearable health monitoring devices for livestock and companion animals are gaining traction across Europe, facilitating real-time health tracking and predictive analytics. This innovation is expected to boost the industry's profitability by preventing disease outbreaks and optimising herd management for livestock.

The global veterinary software market size was USD 1.97 billion in 2024 & is projected to grow from USD 2.09 billion in 2025 to USD 3.42 billion by 2033.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 1.97 Billion
Market Size in 2025	USD 2.09 Billion
Market Size in 2033	USD 3.42 Billion
CAGR	6.35% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Product Type,By Delivery Mode,By Practice Type,By End-User,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

Graph and download economic data for Employment for Professional, Scientific, and Technical Services: Veterinary Services (NAICS 54194) in the United States (IPUMN54194W200000000) from 2004 to 2024 about veterinary, science, professional, NAICS, services, employment, and USA.

The United Kingdom Veterinary Healthcare Market Report is Segmented by Product (Therapeutics and Diagnostics), Animal Type (Dogs & Cats, Horses, and More), Route of Administration (Oral, Parenteral, Topical, and Other Route of Administrations), and End User (Veterinary Hospitals & Clinics, and More). The Market Forecasts are Provided in Terms of Value (USD).

The global veterinary clinics services market is booming, projected to reach $70 billion by 2033, driven by rising pet ownership, increased spending on pet healthcare, and advancements in veterinary technology. This in-depth analysis reveals key market trends, growth drivers, and competitive insights. Learn more about the leading players and future opportunities in this dynamic sector.

Veterinary Data Quality Platforms Market Outlook

According to our latest research, the global market size for Veterinary Data Quality Platforms reached USD 1.28 billion in 2024, with a robust CAGR of 11.4% projected through the forecast period. By 2033, the market is anticipated to reach USD 3.24 billion, driven by the increasing adoption of digital solutions in veterinary healthcare, rising emphasis on data-driven decision-making, and growing regulatory requirements for data accuracy. The substantial growth trajectory reflects a paradigm shift in the veterinary sector toward advanced data management and analytics, enhancing both clinical and operational outcomes.

The primary growth factor propelling the Veterinary Data Quality Platforms Market is the accelerating digital transformation within veterinary practices and institutions. The proliferation of electronic health records (EHRs) and practice management systems has created a pressing need for robust data quality solutions to ensure the integrity, accuracy, and accessibility of veterinary data. As veterinary healthcare providers increasingly rely on digital platforms to manage patient information, appointment scheduling, billing, and compliance, the demand for data quality platforms that can seamlessly integrate with existing systems and provide real-time data validation has surged. This integration is vital for reducing errors, improving clinical outcomes, and optimizing operational efficiency, making data quality platforms an indispensable component of modern veterinary practice.

Another significant driver is the evolving landscape of veterinary compliance and reporting requirements. Regulatory bodies and industry standards are placing greater emphasis on the accurate and timely reporting of animal health data, research outcomes, and treatment efficacy. Veterinary data quality platforms play a critical role in ensuring that data submitted for compliance and reporting purposes meets stringent quality standards, thereby minimizing the risk of penalties and enhancing institutional credibility. Furthermore, the rise of value-based care models in veterinary medicine necessitates comprehensive and reliable data to demonstrate outcomes and justify reimbursement, further bolstering the adoption of advanced data quality solutions across the sector.

The surge in veterinary research and analytics is also fueling market growth, as academic institutions and research organizations seek to leverage high-quality data for groundbreaking studies and evidence-based practice. Veterinary data quality platforms enable researchers to aggregate, cleanse, and analyze large datasets, supporting the identification of trends, disease outbreaks, and treatment efficacy. This capability is particularly crucial in the context of zoonotic diseases and public health, where accurate veterinary data can inform policy decisions and preventive strategies. As the veterinary sector becomes increasingly data-centric, the role of data quality platforms in supporting research, analytics, and innovation is expected to expand significantly.

From a regional perspective, North America continues to dominate the Veterinary Data Quality Platforms Market, accounting for the largest revenue share in 2024. This leadership is attributed to the region’s advanced veterinary healthcare infrastructure, high adoption rates of digital technologies, and stringent regulatory frameworks. Europe follows closely, driven by progressive animal health policies and a strong focus on research and development. Meanwhile, the Asia Pacific region is witnessing rapid growth, supported by increasing investments in veterinary healthcare, rising pet ownership, and expanding awareness of the benefits of data-driven veterinary practice. Latin America and the Middle East & Africa are also emerging as promising markets, albeit at a slower pace, as digital transformation initiatives gain momentum in these regions.

Component Analysis

The Veterinary Data Quality Platforms Market by component is segmen

The global veterinary medicine market size is projected to grow from USD 35.64 billion in 2025 to USD 53.47 billion by 2033, exhibiting a CAGR of 5.2%.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 33.88 Billion
Market Size in 2025	USD 35.64 Billion
Market Size in 2033	USD 53.47 Billion
CAGR	5.20% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Animal Type,By Product,By Route of Administration,By Distribution Channel,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Singapore, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

The global veterinary services market size is projected to grow from USD 119.93 billion in 2025 to USD 209.16 billion by 2033, exhibiting a CAGR of 7.2%.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 111.87 Billion
Market Size in 2025	USD 119.93 Billion
Market Size in 2033	USD 209.16 Billion
CAGR	7.20% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Service,By Animal Type,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,